7 Cypress Tree Ln Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,720,000 - $1,955,000
5
Beds
3
Baths
2,419
Sq Ft
$754/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Open Floorplan
- Main Floor Bedroom
- University Park Elementary Rated A
- Wood Flooring
- Park or Greenbelt View
About This Home
As of October 2017Your garden of Eden awaits! Welcome home to your relaxing abode in the heart of Irvine’s exclusive University Park. Known for quiet neighborhoods and expansive greenbelts this home is a treasure near some of Orange County’s premier schools including University High School and UCI. Hugged by an expansive greenbelt around the home and lots of available parking this home is perfect for entertaining or just walking to the park to enjoy a quiet read or run. From the moment you walk in you’ll come home to your stunning castle complete with high vaulted ceilings, plenty of natural light including skylights in the bedrooms, outdoor atrium, and bedrooms opening to the wraparound yard. An added bonus is the circular staircase leading up to the upstairs library. How cool is that?! Your backyard will provide you with nutritious treats year round with the numerous trees including figs, blood orange, tangerine, Meyer lemon, pomegranate, kumquat, and loquat.
Last Agent to Sell the Property
Keller Williams Realty Irvine License #01423187 Listed on: 07/12/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,332
Year Built
- Built in 1970
Lot Details
- 6,500 Sq Ft Lot
- Cul-De-Sac
HOA Fees
- $244 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Two Garage Doors
Home Design
- Turnkey
Interior Spaces
- 2,419 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Library
- Park or Greenbelt Views
- Laundry Room
Kitchen
- Double Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Patio
- Exterior Lighting
- Wrap Around Porch
Schools
- University Park Elementary School
- Rancho San Joaquin Middle School
- University High School
Utilities
- Forced Air Heating System
- Sewer Paid
Listing and Financial Details
- Tax Lot 31
- Tax Tract Number 6591
- Assessor Parcel Number 45311331
Community Details
Overview
- Call Association
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2020
Sold by
Wu William Chenwei and Wu Nikki Namkyung
Bought by
Wu William Chenwei and Wu Nikki Namkyung
Total Days on Market
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$676,889
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,147,348
Purchase Details
Listed on
Jul 12, 2017
Closed on
Sep 11, 2017
Sold by
Tsai Yvonne H I
Bought by
Wu William Chenwei and Lee Namkyung
Seller's Agent
Fred Sedighravesh
Keller Williams Realty Irvine
Buyer's Agent
Michael Saulus
Keller Williams Realty Irvine
List Price
$899,900
Sold Price
$887,000
Premium/Discount to List
-$12,900
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$795,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Similar Homes in Irvine, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wu William Chenwei | -- | Fidelity Natl Ttl Orange Cnt | |
| Wu William Chenwei | $887,000 | California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu William Chenwei | $750,000 | |
| Closed | Wu William Chenwei | $795,000 | |
| Previous Owner | Tsai Yvonne H I | $472,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2017 10/17/17 | Sold | $887,000 | -1.4% | $367 / Sq Ft |
| 08/14/2017 08/14/17 | Pending | -- | -- | -- |
| 07/12/2017 07/12/17 | For Sale | $899,900 | -- | $372 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,332 | $984,390 | $820,192 | $164,198 |
| 2023 | $10,066 | $965,089 | $804,110 | $160,979 |
| 2022 | $9,886 | $946,166 | $788,343 | $157,823 |
| 2021 | $9,666 | $927,614 | $772,885 | $154,729 |
| 2020 | $9,660 | $922,834 | $768,902 | $153,932 |
| 2019 | $9,447 | $904,740 | $753,826 | $150,914 |
| 2018 | $9,281 | $887,000 | $739,045 | $147,955 |
| 2017 | $5,055 | $478,014 | $310,452 | $167,562 |
| 2016 | $4,830 | $468,642 | $304,365 | $164,277 |
| 2015 | $4,810 | $461,603 | $299,793 | $161,810 |
| 2014 | $4,718 | $452,561 | $293,920 | $158,641 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Sedighravesh
Seller's Agent in 2017
Fred Sedighravesh
Keller Williams Realty Irvine
(949) 274-3733
241 Total Sales
-
Michael Saulus
Buyer's Agent in 2017
Michael Saulus
Keller Williams Realty Irvine
(949) 861-8000
1 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17157411
APN: 453-113-31
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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